Section 56 of the CGST Act, 2017 specifies that if any tax ordered to be refunded after the order of an Appellate Authority is not refunded within 60 days from the date of application filed consequent to such order, inte
CS Executive · Tax Laws and Practice · PYQS · June 2018
Section 56 of the CGST Act, 2017 specifies that if any tax ordered to be refunded after the order of an Appellate Authority is not refunded within 60 days from the date of application filed consequent to such order, interest as such rate not exceeding __________ shall be payable in respect of such refund.
Answer & Explanation:
Correct Answer: Option (E)
Official corrected answer: (E) 9%. The official solution adds this fifth choice as an erratum to the printed question.
Topics: Goods and Services Tax (GST)
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